Emergency financial standing rules in place

Senior Traffic Commissioner, Richard Turfitt, has put in place interim guidance on financial standing in light of the coronavirus pandemic.

The Senior Traffic Commissioner has directed that a Traffic Commissioner may rely on a previous satisfactory financial check which meets the new prescribed sum, within the last 12 months, as evidence to support the granting of a Period of Grace. A Traffic Commissioner may also accept internet or copy documents, with a check of original documents to be made at a later date. A Traffic Commissioner retains their discretion in respect of all standard operators. However, if the qualifying circumstances are met, then the Senior Traffic Commissioner has set a starting point of four months Period of Grace for qualifying operators. That starting point is intended to allow for an extension to the maximum period of six months should circumstances require that.

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